1. Which of the following is NOT a cash flow from operating activities
a. Cash receipts from selling goods and services
b. Cash payments on the principal of long-term debt
c. Payments for utilities and rent
d. Payments to purchase raw materials
2. Which of the following is NOT a cash flow from investing activities?
a. Buying and selling stocks of other firms
b. Buying and selling bonds of other firms
c. Cash payments of dividends to shareholders
d. Buying or selling of land, buildings, and plant and equipment
3. Which of the following is NOT a cash flow from operating activities
a. Cash receipts from selling goods and services
b. Cash payments on the principal of long-term debt
c. Payments for utilities and rent
d. Payments to purchase raw materials